$999,990
 $5,368 est/mo Sourced by Back At You

4414 Dianne Dr , Austin, TX 78745

Austin, TX 78745

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Description

This beautiful property has 4 separate living spaces, a main home & 3 apartments. The home, plus 3 apartments are currently rented on 2-year leases promising long-term income. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, & the rear fenced area leased up, gross rent is ~$83,100 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, & conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out & remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, & the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A & 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see & an amazing investment opportunity for those looking to invest in real estate. Leave as long-term leases, or convert to short term rentals with the new City of Austin position on accepting non-owner occupied STRs.

Details

MLS#4427523
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1949
Days On Site142
Listing Provided ByCompass RE Texas, LLC | Jeffrey Schnabel

Features

SQ Feet3,086
Acreage0.28
Property ViewNone

Market Activity 78745

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 7, 2024 at 6:53:07 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 17 seconds ago
StateTX
CountyTravis
CityAustin
Zip Code78745
Area10N
Community NameFord Place
School DistrictCrockett
Elementary SchoolJoslin
Middle SchoolCovington
High SchoolCrockett
Listing VS Median (in Ford Place)
Price:
$999,990
low | high
Med:
$999,990
50% of Average
SqFt:
3,086
low | high
Med:
3,086
50% of Average
$ / SqFt:
$324
low | high
Med:
$324
50% of Average
On Site:
142
low | high
Med:
142.000000
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 4:03:34 PM PDT